Fundamentals of Tally & Accounts

• Manual Accounting & Computerized Accounting
• Accounting Software
• Origin & Versions of Tally
• What is Accounting, Transactions, Source Documents
• Voucher Types in Tally
• Ledgers & Under Group in Tally
• Accounting Rules & Accounting Statements
• How to use Tally in computerized Book keeping?

Recording Accounting Voucher Entries

• Journalising Transactions in Notebook
• Ledger & Group Creation in Tally
• Book Keeping Transactions in Tally
• Cross Checking Statements (Trial Balance, Day Book, Ledgers, Profit and Loss Account, Balance Sheet)

Bank Reconciliation

• Cross Verifying Bank Statement with Recorded Transactions.
• Updating Extra Transaction in Tally
• Checking Post Dated Cheque Summary

Interest Calculation 

• Activating Interest Calculation
• Computing Interest on Bank Deposits

Inventory Management

• Difference between Voucher and Invoice Entry
• Creating Inventory Masters
• Setting up Standard Rate and Selling Price for Stock Item
• B2B Purchase Invoice Entry
• B2C Sales Invoice Entry
• Accounting & Inventory Report
• Stock Summary with Profit Percentage

Godown & Transfer of Material

• Creating Godown and other Inventory Masters
• B2B Purchase Invoice Entry and storing in different Godowns
• B2C & B2B Sales Invoice Entry at different Quantity and Rate
• Inventory Reports- Stock Summary, Godown Summary & Movement Analysis
• Inter Godown Transfer of Material using Stock Journal Voucher.

Manufacturing Journal Vouchers

• Supply Chain
• Manufacturing Process with BOM (Bill of Material)
• Inventory Master creation with BOM
• B2B Purchase Invoice Entry
• Manufacturing Journal using Stock Journal
• B2B Sales Invoice Entry

Debit Note & Credit Note Vouchers

• B2B Debit Note Voucher (Purchase Return)
• B2B Credit Note Voucher (Sales Return)
• Dispose of Damaged or Expired Goods using Stock Journal

Various Methods of Sales & Purchase Transactions

• Sales with Free item using Rate column
• Sales with Free item using Quantity column
• Discount at inventory Level
• Discount at Accounting Level
• Additional cost of Purchase (inventory & Accounts Mode)
• Different Stock Valuation Methods

Order Processing

• Purchase and Sales Order Cycle using Order Number.
• Pending Order Reports
• Pre-close of order
• Sales Quotation
• Reorder level (Safety Stock / Dead Stock)
• Advance Order Processing
• Purchase Bill & Sales Bill Pending Report

Price Level & Price List

• Multiple Discount Rate Setup
• Dealer Price Level Applicability
• Automatic and Manual Discount
• Revise Price List

Batch-wise

• Identifying Expiry on Perishable Goods at Billing
• Track Expiry Date
• Offering discounts on likely Expiring products
• Maintaining Single product in multiple Batches
• Dispose of Expired Goods
• View Report on Zero Quantity Stock Item

Bill-wise

• Bill by Bill balance maintenance with Credit Period on both Receivable and Payable
• Credit Limit on Customers (Sundry Debtor | Sundry Creditor | Branch or Division)

Cost Categories & Cost Center

• Classifying Ledger into Sub Level
• Branch wise, Department wise or Project wise Accounts maintenance.
• Cost Center Pre-Allocation

Budget

• Financial Controlling
• Budget Preparation
• Different modes of voucher entry
• Actual and Variance Report

Payroll

• 6 Payroll Masters
• Employees Auto Payroll
• Generating Pay Slip

Job Costing 

• About Job Costing
• Comparing 2 Projects and finding Profitable 1.

TCS – Tax Collected at Source

• Indian Tax System
• Why TCS & TDS
• TAN Registration
• TAN vs PAN
• TCS Categories with Tax Rate for Both PAN and No PAN
• TCS on Scrap Sales

TDS – Tax Deducted at Source

• TDS Categories
• Tax Rate for Both PAN and No PAN
• Threshold / Exemption Limit
• TDS on Commission or Brokerage

GST – Goods and Service Tax

• GST Theory
• GST Transaction: B2B, B2C, Intrastate, Interstate, Credit and Cash
• GSTR Reports, GST Payment
• Multi GST Rate Invoice,
• GST Sales with Discount & Additional Expenses
• Auto GST Compute on B2B & B2C Invoice
• POS Invoice, E-Way Bill Invoice, GST Payment/ITC
• GST on Service & Assets (Accounting Entry)
• GST on Service (Inventory Entry)
• GST on Hotel & Restaurant
• Debit Note, Credit Note with & without GST

Final Accounts

• Book Keeping Combined Transactions
• Adjustments, Next Year Opening
• Manual Year Opening & Split Company
• Generating MIS Report
• Data Management & Data Security
• Generating and Printing Reports